Business Development Manager Average Salary in Belgium 2024
How much money does a person working as Business Development Manager make in Belgium?
LOW
4,340
EUR AVERAGE
9,430
EUR HIGH
15,000
EUR
A person working as Business Development Manager in Belgium typically earns around 9,430 EUR. Salaries range from 4,340 EUR (lowest) to 15,000 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Business Development Manager salaries in Belgium vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Business Development Manager Pay Scale and Salaries in Belgium
Salary Structure and Pay Scale Comparison
8,950 EUR or more
7,840 to 8,950 EUR
5,400 EUR or less
5,400 to 7,840 EUR
 4,340 EUR |
9,010 EUR |
15,000 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Business Development Manager in Belgium range from 4,340 EUR (starting salary) to 15,000 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 9,010 EUR, half of the professionals who work as Business Development Manager in Belgium earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Business Development Manager in Belgium earn less than 7,270 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 10,400 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Business Development Manager in Belgium compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,400 EUR to 7,840 EUR. About 20% of salaries are below the 5,400 EUR mark, while 10% fall within the range of 7,840 EUR to 8,950 EUR. Only 5% of individuals have salaries exceeding 8,950 EUR.
Salary Comparison by Years of Experience / Business Development Manager / Belgium
How do experience and age affect pay?
| 0 - 2 Years | 4,920 EUR | |
| 2 - 5 Years | +34% | 6,580 EUR |
| 5 - 10 Years | +48% | 9,720 EUR |
| 10 - 15 Years | +22% | 11,900 EUR |
| 15 - 20 Years | +9% | 12,900 EUR |
| 20+ Years | +8% | 14,000 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Business Development Manager and this is what we found.
Employees with less than two years of experience earn approximately 4,920 EUR.
While someone with an experience level between two and five years is expected to earn 6,580 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 9,720 EUR, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 11,900 EUR, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 12,900 EUR, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 14,000 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Business Development Manager / Belgium
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Business Development Manager.
| High School | 6,040 EUR | |
| Certificate or Diploma | +18% | 7,110 EUR |
| Bachelor's Degree | +45% | 10,300 EUR |
| Master's Degree | +31% | 13,500 EUR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Business Development Manager in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 6,040 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 7,110 EUR, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 10,300 EUR, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 13,500 EUR, 31% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Belgium costs anywhere from 30,800 EUR to 92,500 EUR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Business Development Manager / Belgium
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Business Development Manager in Belgium, the average difference between the salary of male and female employees is 7%.
| Male | 9,760 EUR | |
| Female | -7% | 9,110 EUR |
Salary Comparison By Gender in Belgium for all Careers
Average Annual Salary Increment Percentage / Business Development Manager / Belgium
How much are annual salary increments in Belgium for individuals working as Business Development Manager? How often do employees get salary raises?
Individuals working as Business Development Manager in Belgium are likely to observe a salary increase of approximately 14% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
Belgium / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Business Development Manager / Belgium
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/belgium/business-planning/business-development-manager/annual-salary-bonus-rate-belgium-business-development-manager.jpg
13% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 87% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 87% | |
| No Bonus | 13% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Business Development Manager / Belgium
54 EUR per hourThe average hourly wage (pay per hour) for individuals working as Business Development Manager in Belgium is 54 EUR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Business Development Manager in Belgium is 25 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Business Planning |  -100% | |
| Agile Coach | 7,310 EUR | -22% |
| Assistant Business Development Manager | 7,940 EUR | -16% |
| Assistant Merchandise Planner | 5,170 EUR | -45% |
| Business Advisor | 7,640 EUR | -19% |
| Business Analyst | 7,720 EUR | -18% |
| Business Consultant | 7,690 EUR | -18% |
| Business Continuity Associate | 4,750 EUR | -50% |
| Business Developer | 5,000 EUR | -47% |
| Business Development Analyst | 5,540 EUR | -41% |
| Business Development Associate | 4,350 EUR | -54% |
| Business Development Coordinator | 4,340 EUR | -54% |
| Business Development Director | 10,600 EUR |  +12% |
| Business Development Engineer | 6,220 EUR | -34% |
| Business Development Executive | 8,150 EUR | -14% |
| Business Development Manager | 9,430 EUR | -0% |
| Business Development Specialist | 7,220 EUR | -23% |
| Business Manager | 8,990 EUR | -5% |
| Business Operations Specialist | 7,590 EUR | -20% |
| Business Process Writer | 4,780 EUR | -49% |
| Business Systems Analyst | 8,000 EUR | -15% |
| Capacity Planner | 5,330 EUR | -43% |
| Capacity Planning Supervisor | 7,120 EUR | -25% |
| Change Communications Analyst | 7,080 EUR | -25% |
| Change Control Analyst | 7,380 EUR | -22% |
| Change Impact Analyst | 7,600 EUR | -19% |
| Chief Automation Officer | 9,410 EUR | -0% |
| Chief Innovation Officer | 10,100 EUR | +7% |
| Contracts Executive | 7,770 EUR | -18% |
| Corporate Strategy Analyst | 7,990 EUR | -15% |
| Cost Control Engineer | 5,220 EUR | -45% |
| Cost Controller | 5,970 EUR | -37% |
| Cost Estimator | 5,150 EUR | -45% |
| Crisis Management Specialist | 8,350 EUR | -11% |
| Data Executive | 4,160 EUR | -56% |
| Data Manager | 5,830 EUR | -38% |
| Data Processing Manager | 6,740 EUR | -29% |
| Development Researcher | 6,100 EUR | -35% |
| Digital Strategist | 7,950 EUR | -16% |
| Digital Transformation Manager | 7,850 EUR | -17% |
| Director of Business Development | 11,100 EUR | +18% |
| Director of Production Planning | 9,580 EUR | +2% |
| Drop Shipping Consultant | 6,940 EUR | -26% |
| Due Diligence Analyst | 7,960 EUR | -16% |
| Estimating Manager | 8,300 EUR | -12% |
| General Manager | 9,510 EUR | +1% |
| Growth Hacker | 6,150 EUR | -35% |
| Impact Assessment Specialist | 7,020 EUR | -26% |
| Impact Investing Analyst | 7,170 EUR | -24% |
| Incident Handler | 5,560 EUR | -41% |
| Incident Specialist | 6,860 EUR | -27% |
| Lean Consultant | 6,010 EUR | -36% |
| Manager | 10,200 EUR | +8% |
| Marketing and Business Development Manager | 9,380 EUR | -1% |
| Materials Planner | 3,700 EUR | -61% |
| Merchandise Assistant | 3,390 EUR | -64% |
| Merchandise Controller | 3,470 EUR | -63% |
| Merchandise Planner | 3,780 EUR | -60% |
| Online Consultant | 6,130 EUR | -35% |
| Online Reputation Manager | 6,120 EUR | -35% |
| Operations Analyst | 6,730 EUR | -29% |
| Operations Manager | 8,010 EUR | -15% |
| Operations Research Analyst | 4,700 EUR | -50% |
| Planning and Reporting Manager | 8,110 EUR | -14% |
| Planning Director | 9,550 EUR | +1% |
| Product Designer | 5,870 EUR | -38% |
| Product Manager | 6,250 EUR | -34% |
| Project Administrator | 5,260 EUR | -44% |
| Project Manager | 7,810 EUR | -17% |
| Project Planner | 5,060 EUR | -46% |
| Research Assistant | 4,530 EUR | -52% |
| Research Engineer | 4,850 EUR | -49% |
| Research Officer | 4,200 EUR | -55% |
| Risk Management Specialist | 7,490 EUR | -21% |
| Scholarship Coordinator | 4,070 EUR | -57% |
| Store Planner | 4,140 EUR | -56% |
| Strategy Director | 9,810 EUR | +4% |
| Top Research and Development Executive | 10,700 EUR | +13% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Belgium is 5% on average across all career fields.
| Private Sector | 6,020 EUR | |
| Public Sector | +5% | 6,340 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Business Development Manager in Belgium?
A good and competitive compensation would range anywhere between 9,010 EUR and 10,400 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Business Development Manager in Belgium ranges from 4,340 EUR to 7,270 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
